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Press Release

THREE RINGS' BANG! HOWDY RIDES INTO TOWN

Second Title from the Award-Winning Studio Earns Grand Prize Nomination in Independent Gaming Festival

San Francisco, CA -- February 22, 2007 -- Three Rings Design, Inc., a leading developer of multiplayer online casual games, announced today that the company officially launched its newest title, Bang! Howdy. The free-to-play game has experienced strong growth since the end of beta, thanks to promotion by its launch partner, Miniclip (www.miniclip.com), the world's largest online gaming site with 34 million unique game players per month. Aspiring cowboys can download and play the game now at www.banghowdy.com.

Three Rings continues its tradition of actively developing its games following launch. Bang! Howdy has recently seen two exciting additions in the form of a single player campaign, including Bounty Rewards where players bring in Outlaws and the release of an original soundtrack that combines Old Western textures and modern break beats. Written and produced by SomaTone Interactive Audio, Bang! Howdy music tracks can be purchased with in-game micro-currency and downloaded directly in MP3 format.

Bang! Howdy is a nominated finalist for two awards at the upcoming 2007 Independent Gaming Festival, including the Seumas McNally Grand Prize. "The game marries the accessibility of casual web games with the depth and social experience of traditional MMOs," said Michael Bayne, designer of Bang! Howdy and Three Rings' CTO. "The micro-currency-based model allows us to provide a compelling game at the price demanded by casual users -- free -- who then discover a rich, evolving experience that's worth paying for."

These design choices also contribute to the continued success of the company's previous title, Puzzle Pirates, a massively-multiplayer online role-playing game with more than 2.5 million registered players since its launch in late 2003.

Download and play Bang! Howdy now at http://www.banghowdy.com.

About Three Rings
Three Rings is a leading developer and operator in the rapidly growing casual massively multiplayer online games space. They launched Puzzle Pirates, the first casual massively multiplayer game, in 2003. Puzzle Pirates and Bang! Howdy are free to play, with optional micro-currency purchases of virtual items and content. Founded in 2001 in San Francisco, Three Rings has over thirty employees, open source code platforms, and its games are played by more than 250k players every month. Read more about Three Rings at http://threerings.net/.